Arizona silver belt., 1887-06-04
4 HUGE CATTLE SCHEME.
[From the Globe-Demoorat.l l

but has been kept secret until the sit nation was such as to allow of opel movement in the direction of securin; control of such herds and ranges a were desired. The failure of tn Swan Brothers brought matters to focus rather unexpectedly, but th parties in interest soon made ready and within a short time will make { combined movement to secure thei end. The plan is to unite the cattle men of Wyoming, Colorado, Easterr Utah, Western Nebraska, Southern Montana and Southern Dakota in ont giant company, each giving up his in. dividual herd and ranch and receiving a proportionate amount of stock ir return. A similar association has been recently formed in Texas, but one much less far-reaching Tn extent and complete in organization.
 
 The plan of the Wyoming men is for every man in their association to absolutely surrender all stock and ranch improvements. and receive a certain share Tn the company. By so doing the danger of flooding the mar he3. by throwing upon it large amount of cattle at an unfaYorable tune will be entirely ob7iated, and such disasters as followed the Indian Territory cattle sales rendered impos- sii5le. For five or six years past the cattle market has been periodically depressed by the necessities of the weaker ranchmen, who, In order to raise money to meet their most press ing obligations, have been obliged to ship cattle before they had arrived at maturity and accept such pr1ces as the dealers chose to cfer. This course has been as disastrous to the strong as to the weak holders, as these forced sales have reduced the price far be- low tue proper7fgure, ana have er- abled the buyers to make their own terms. The necessity of further com bination has been long apparent, but action would have been postponed for some time, had not the Swan failure occurred. Fear of the disastrous con- sequences that would follow the sud den casting on the market of the great herds of this company compelled the cattlamen to take immediate action, which they have done with commend able energy. As soon as the failure became known, delegates were sent to New York, London and Edinburgh, to impress upon the capitalists of those cities who had agreed to take part in the venture the necessity of at once moving in the matter, and providing means for taking up the Swan bonds as soon as they could be purchased. These gentlemen have agreed to do their part, and before many months have passed, the new company will, in all probability, be in complete opera tion.
 SOME OF THE LEADERS.
 These connected with it are very re- ticent in the matter, but enough has been learned to state with reasonable certainty that Sturgis, Lane, Carey, Davis, life, and Clark of Cheyenne, and Ulrichs and Bayemeyer of New York, together with a number of Scotch and English capitalists, and some from Philadelphia and Boston, are deeply interested in the scheme, and will do all in their power to carry it to a successful termination. These gentlemen already control fully half the stock in Wyoming, and several millions of money, while nearly all the stockmen of that regIon are in sym pathy with them, and will enter warmly into the new company. If the plan Is fully earned into effect, the company will control all the range cattle that are earned to the East by the Union Pacific Railway and its tri- butaries. Their ranges will extend from the Arkansas on the south to within 100 miles of the Northern Pa cIfc OH the north, and will include all the cattle grazing on the great central range of the country. By the organi- zation of such company the poorer owners will not be obliged to sacrifice their herds to meet running expenses, while those strong, financially, will be relieved from ruinous bankrupt competition. The cattle can be ap- portioned to the ranges, the water supply fairly divided, as the interest of one will be the interest of all, and the productiveness of the entire re- zion very largely increased. The whole scheme is yet in a somewhat ln- choate condition, but the character and standing of those interested is such as almost to secure it's success in advance. II successfully formed, the new company will be one of the larg- est and richest organizations ln the ] world. as not less than Sl5O, ,OOO,OOU